Harland & Wolff Group Holdings PLC - Belfast-based infrastructure projects operator - Signs a non-binding letter of intent for ‘major’ vessel refurbishment with an unnamed client. Says vessel will be in company’s Belfast dry dock for five months. Adds contract is around £60 million and £70 million. Notes it will receive £5 million immediately to start work in the vessel. Says the contract will be formalised in the next two to three months.

Current stock price: 13.26 pence each, up 17% on Monday

12-month change: up 11%

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